Prior, Mark

Mark Prior

Director

Mark is a director in our Restructuring & Insolvency Practice based in our Manchester office.

His particular expertise covers commercial and legal issues involved in corporate recovery, turnaround and reconstruction, and insolvency law.

Mark advises on all formal insolvency processes and has considerable experience in preparing and negotiating legal documentation for the sale or purchase of businesses and assets, and distressed property portfolios. Mark has also advised directors on trading and prepared several cases for court ranging from complex recovery claims to injunctive relief proceedings, as well as advising on cases under the Insolvency Act 1986. In addition, he provides security and restructuring advice to clients.

Mark has developed a strong presence in Manchester’s Restructuring & Insolvency community, and works with major clearing banks, financiers and accountants, and has delivered a number of presentations to various organisations on key topics of insolvency law and practice.

Explore

  • Klarius Group and Quinton Hazell Automotive – Acted for the administrators in relation to one of the largest aftermarket car parts businesses in Europe, and was part of a cross-border team advising on sales, creditor issues, and the centre of main interests in insolvency proceedings.
  • Silentnight group of companies – Part of the legal team which acted for the administrators (and the subsequent liquidators) of Silentnight, which involved strategic insolvency advice, a sale of its market-leading £120 million turnover bed manufacturing business and advising on contractual claims and issues arising.
  • Firstcity Partnership – Acted for the administrators and subsequent liquidators of Firstcity, an FCA regulated company. Dealt with various issues in connection with the Financial Services and Market Act 2000, FCA CASS Rules and high worth debt recovery litigation.
  • Prontaprint and Kall Kwik – Acted for the administrators and dealt with sales of the businesses and property issues arising from the multi-site franchising operation involving these well-known printing brands.
  • Britannia Car Hire Services – Acted for administrators of a regulated claims management business included drafting documentation, negotiating settlements, reviewing credit hire arrangements and advising on a complex claims management structure.
  • Pointer Pet Foods – Advised a consortium of investors on the acquisition of this significant pet food manufacturing operation, including the transfer of the workforce and health and safety aspects.
  • Salisbury Hamer, Aspden & Johnson (Loss Assessors) –Advised administrators of an FCA regulated company, selling the business and assisting the administrators in their compliance with the statutory legal framework.
  • Brooklands Health Farm – Advising on issues relating to the insolvency of a luxury health spa in north-west England, including the eventual disposition of the estate by administrators.

Education

  • University of Leicester, LL.B., 1999
  • University of Leicester, LL.M., 2000
  • College of Law, Chester, L.P.C., 2001

Admissions

  • England and Wales, 2003
  • Recommended in the 2013 edition of The Legal 500 UK.

{{insights.date}} {{insights.source}} {{insights.type}}